TheUltraElite
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November 15, 2016, 04:24:48 PM |
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Well I would not say "Everyone" rather say that it will increase in popularity and will be accepted by a more bigger population gradually causing increase in prices and then more merchants can integrate it into their stores and sites. More and more people using it does not necessarily include everyone but many people.
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Bitcoinsummoner
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November 15, 2016, 04:30:04 PM |
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There's no question that bitcoin will be more popular in the future as you said the users are increasing as they believe in bitcoin, absolutely it could happen but the question is, will bitcoin be used by almost everyone in 2022? Definitely the answer is no.
Six years from now is 2022 and it seems we have not enough time to make bitcoin be used by everyone. Maybe by year 2030 and up, it is very possible or the people are very aware and using different coin. I think it is still not enough because people priority that they need safe transaction and bitcoin still not so trusted according to other that they are afraid of scammers.. and i think if we build a bitcoin banks and every country it can help to build trust by many people that can increase more people to use bitcoin.. Because if we think it well it is impossible that all people use bitcoin.. since not all people or place has internet they can not use bitcoin in some places or areas without internet.. so they will still prefer to use fiat.. |
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alien-fx2
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Byteball: DAG, Built-in Chat, Conditional Payments
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November 15, 2016, 04:34:41 PM |
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That would be great, but it's not a realistic view. For a currency to be adopted by a large number of people, it takes time, since many of them do not know Bitcoin nor blockchain technologies.
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diodio5
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November 15, 2016, 04:50:34 PM |
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It is possible that bitcoin will be majorly used as currency in online transaction, but in Real Life application as currency where we have to buy in the neighborhood and use bitcoin as currency is a bit vague. The reason for this is that there are lots of people who is 1) not computer literate, 2) have no access to internet, 3) doubtful about bitcoin 4) ignorant about bitcoin.
Your points are right, but still you can see bitcoin users numbers are increasing day to day. So, it is a proof that in the coming years the number will be grow more, and also in future many peoples like to use the online ways, So bitcoin is one of them, which i believe peoples specially those peoples who don't know about it, they definitely try to use it, and the second kind of those peoples who are ignoring the bitcoin, they also start in future. There's no question that bitcoin will be more popular in the future as you said the users are increasing as they believe in bitcoin, absolutely it could happen but the question is, will bitcoin be used by almost everyone in 2022? Definitely the answer is no. I'm sure if bitcoin will definitely become increasingly popular and increasingly used by many people in different countries, but I'm not sure if bitcoin could have the whole human being on earth, it is impossible happen |
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Doamader
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November 15, 2016, 05:07:20 PM |
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The future of bitcoin at 2022 may be very different fromt he current moment, because a big corporation can use and accept bitcoin, as well some country can adopt and acept bitcoin as currencie and payment processor, this things would impact into bitcoin directly, i do believe we will see bitcoin as a legal currency as stock and payment processor over the years.
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n0ne
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November 16, 2016, 05:28:20 AM |
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It is possible that bitcoin will be majorly used as currency in online transaction, but in Real Life application as currency where we have to buy in the neighborhood and use bitcoin as currency is a bit vague. The reason for this is that there are lots of people who is 1) not computer literate, 2) have no access to internet, 3) doubtful about bitcoin 4) ignorant about bitcoin.
Your points are right, but still you can see bitcoin users numbers are increasing day to day. So, it is a proof that in the coming years the number will be grow more, and also in future many peoples like to use the online ways, So bitcoin is one of them, which i believe peoples specially those peoples who don't know about it, they definitely try to use it, and the second kind of those peoples who are ignoring the bitcoin, they also start in future. There's no question that bitcoin will be more popular in the future as you said the users are increasing as they believe in bitcoin, absolutely it could happen but the question is, will bitcoin be used by almost everyone in 2022? Definitely the answer is no. I'm sure if bitcoin will definitely become increasingly popular and increasingly used by many people in different countries, but I'm not sure if bitcoin could have the whole human being on earth, it is impossible happen As said bitcoin will not reach the entire world population even if the adoption, acceptance and usage continue to increase gradually. The reason is that users need to be a bit knowledgeable to use bitcoin which is not possible in real world. |
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uname
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November 16, 2016, 05:41:15 AM |
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That would be great, but it's not a realistic view. For a currency to be adopted by a large number of people, it takes time, since many of them do not know Bitcoin nor blockchain technologies.
yeah it is a very most I wait, but it seems very difficult to achieve and even hundreds of years though, when I saw this thread, of course it is impossible that happened 6 years |
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serjent05
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Cashback 15%
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November 16, 2016, 06:17:46 AM |
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That would be great, but it's not a realistic view. For a currency to be adopted by a large number of people, it takes time, since many of them do not know Bitcoin nor blockchain technologies.
yeah it is a very most I wait, but it seems very difficult to achieve and even hundreds of years though, when I saw this thread, of course it is impossible that happened 6 years I think this is possible to achieve if the government support the bitcoin movement. Information online can be easier to spread in just a click of a mouse. Unlike century ago, where you need to travel lots of miles and several days in order to spread news. In the current technology it made possible to broadcast information to citizen in just a matter of seconds or minute. So I think 6 years is long enough to reach out internet people and advertise bitcoin and encourage them to adopt bitcoin (this is if bitcoin is supported by government). |
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transabox
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November 16, 2016, 06:35:44 AM |
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That would be great, but it's not a realistic view. For a currency to be adopted by a large number of people, it takes time, since many of them do not know Bitcoin nor blockchain technologies.
yeah it is a very most I wait, but it seems very difficult to achieve and even hundreds of years though, when I saw this thread, of course it is impossible that happened 6 years we are only a small community be committed to Bitcoins. And we think about Bitcoin know everything. But it's not really about him does not know even the 5% of people. So it will not be used anywhere in 2020. Too early |
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Xester
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November 16, 2016, 07:26:06 AM |
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Although bitcoin will be used by 90% or even more people all over the world, I'm sure it wont destroy FIAT. Most countries will still use fiat as their official currency/payment method instead of btc.
Yes, I agree.. I think there is no coins or even cryptocurrency that can destroy FIAT. Not all people can relate with bitcoins or cryptocurrency. Im sure blockchain technology is also unfamiliar to others. Although many people have already educated about bitcoins still many are not. others are only starting to use bitcoins. Bitcoins can be popular as it seem but to replace Fiat.. That's impossible. |
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groll
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November 19, 2016, 06:25:19 PM |
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Yeah, there will be a lot of changes to occur in 2022, the fiats will be restricted to the pockets only if someone has it, the local small shops will also adopt the digital system of payment and bitcoin will have its great fame.
I think yes, the innovation in bitcoins are continously growing. Even now, bitcoins are already use by many so how much more on the 5 years. Now bitcoins are being introduce to many businessman in the world. Bitcoins are being gradually accepted in some merchanrs. And bitcoins atm was also known nowadays so i think bitcoins will be more popular and more useful in the next 5 years. |
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noictib
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November 19, 2016, 06:44:56 PM |
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Yeah, there will be a lot of changes to occur in 2022, the fiats will be restricted to the pockets only if someone has it, the local small shops will also adopt the digital system of payment and bitcoin will have its great fame.
I think yes, the innovation in bitcoins are continously growing. Even now, bitcoins are already use by many so how much more on the 5 years. Now bitcoins are being introduce to many businessman in the world. Bitcoins are being gradually accepted in some merchanrs. And bitcoins atm was also known nowadays so i think bitcoins will be more popular and more useful in the next 5 years. You are right that in next five year the bitcoin will progress more than in the past but i am not agree that in 2022 everyone will use it . Because i saw many people who knows bitcoin very well but not interested to do with Bitcoin . |
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freedomgo
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November 20, 2016, 01:50:51 AM |
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Yeah, there will be a lot of changes to occur in 2022, the fiats will be restricted to the pockets only if someone has it, the local small shops will also adopt the digital system of payment and bitcoin will have its great fame.
I think yes, the innovation in bitcoins are continously growing. Even now, bitcoins are already use by many so how much more on the 5 years. Now bitcoins are being introduce to many businessman in the world. Bitcoins are being gradually accepted in some merchanrs. And bitcoins atm was also known nowadays so i think bitcoins will be more popular and more useful in the next 5 years. You are right that in next five year the bitcoin will progress more than in the past but i am not agree that in 2022 everyone will use it . Because i saw many people who knows bitcoin very well but not interested to do with Bitcoin . Is there really a specific number of years to see that progress? For 5 years it's impossible to see everyone will be using bitcoin, not really gonna happen. Just accept that, bitcoin is just an alternate currency. |
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deadpoolx
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November 20, 2016, 02:35:23 AM |
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Well I would not say "Everyone" rather say that it will increase in popularity and will be accepted by a more bigger population gradually causing increase in prices and then more merchants can integrate it into their stores and sites. More and more people using it does not necessarily include everyone but many people.
There are still many years to come before Bitcoin becomes mainstream. For the next few years, if the ecosystem continues to expand in this way, in fact there will be a much greater number of merchants and consumers adopting Bitcoin. But in 2022, I think this is still going to be a small percentage of the world's population, unless things speed up, with the development of killer apps and promotion of Bitcoin on a larger scale. |
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outatime1
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November 20, 2016, 03:11:38 AM |
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A very low percentage of the world's population uses bitcoin right now. Even with gaining popularity, by 2022, it will still be very low. The growth is very slow.
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goldcoinminer
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November 20, 2016, 03:49:27 AM |
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A very low percentage of the world's population uses bitcoin right now. Even with gaining popularity, by 2022, it will still be very low. The growth is very slow.
Absolutely, we cannot expect the whole world will use bitcoin because there's paper money that's simple and easy to use.We do not need to use internet to transact and not all people are thinking of seeing their money grow to invest in bitcoin. Majority of the people are just working for survival. |
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puremage111
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November 20, 2016, 06:02:05 AM |
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Perhaps mroe than 50%? Or maybe not because not much country even developed country uses it
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Fireblade
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November 20, 2016, 07:14:53 AM |
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Perhaps mroe than 50%? Or maybe not because not much country even developed country uses it
in 2020 if 20% of the world start using bitcoin i think it will be a good progress, as still there are so many backward countries who educational ration is still very low, their people have very little access to computer and internet. but we can expect that the new generation will be more educated so we can expect that they will have access to interment and computer in future but still it will take more than decades when these people will get benefit from bitcoin. |
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Alubert
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November 25, 2016, 11:04:09 AM |
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Perhaps mroe than 50%? Or maybe not because not much country even developed country uses it
Maybe 1%. The block size is too small for large scale usage. If the total block size is 16MB then, maybe 1%. |
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mastica
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November 25, 2016, 12:06:40 PM |
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People had joined bitcoin in the past and left when the bubble occured, media has the great opportunity to damage bitcoin, at 2020 bitcoin should return to the 1000 dollars, and people should get interest into it once again, but they wont consider mining the best way to get bitcoin, they will buy directly. I dont know how many people will afford to buy bitcoin, but our community keep growing, even slowly, all days a new person joins to online earnings, and bitcoin is part of those.
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